Michael Pento

Pentoport

Contributor since: 19 Oct 2011

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• QE III Game of Chicken

  Published 06 June 2012 | viewed 0 times

  Most investors and market pundits continue to misdiagnose the reason behind the worldwide economic malaise. The underlying problem isn't "uncertainty" or any other platitudes Wall…

• Deflation Isn't the Enemy

  Published 22 May 2012 | viewed 0 times

  We now live in a world where deflation has become public enemy number one. In this current economic environment, governments seek a condition of perpetual…

• Austerity Offers Europe their Only Hope

  Published 16 May 2012 | viewed 0 times

  The prevailing view amongst Keynesians is that the austerity measures being taken in Europe to prevent a complete currency and bond market collapse is the…

• The Inflation Lovers' Spat

  Published 01 May 2012 | viewed 0 times

  Two lovers of the notion that inflation can cure everything that ails an economy recently squared off in a battle over who adores counterfeiting the…

• Decoupling Myth Destroyed

  Published 24 April 2012 | viewed 0 times

  I would have thought that the decoupling myth between global economies would have been completely discredited after the events of this past credit crisis unfolded.…

• The Anatomy of Sovereign Default

  Published 17 April 2012 | viewed 0 times

  The three primary factors that determine the interest rate level a nation must pay to service its debt in the long term are; the currency,…

• What Causes Interest Rates to Rise

  Published 28 March 2012 | viewed 0 times

  The prevailing notion among the main stream media and economists is that interest rates are rising because of improving economic growth. But like many of…

• Is the Economy Really Healing?

  Published 20 March 2012 | viewed 0 times

  Please don't believe the hype that the American economy is healing. While it is true that some data is showing improvement, the true fundamentals of…

• Global Slowdown Paves Way for QE III

  Published 14 March 2012 | viewed 0 times

  Back in early 2011, I was one of the few economists to warn that global GDP growth would slow dramatically in the near future and…

• The Mystery behind Rising Oil Prices Solved

  Published 01 March 2012 | viewed 0 times

  Everything I've been warning about regarding the fallout from global central bankers' love affair with inflation is coming to fruition. Consumers are once again dealing…

• Fed Conflates Inflation with Growth

  Published 24 February 2012 | viewed 0 times

  It is a sad situation when everything the man in charge of our central bank professes to understand about inflation is wrong. Mr. Bernanke does…

• Trade Deficit Data Belies U.S. Recovery

  Published 14 February 2012 | viewed 0 times

  Wall Street is extolling the virtues of our rising U.S. trade deficit as a sure sign the economy is well on the road to a…

• Bell Rings for Bond Bubble

  Published 08 February 2012 | viewed 0 times

  They always tell you no one rings a bell when a market top or bottom is reached. But a bell is now ringing for the…

• The Intrinsic Value of the Dollar and Gold

  Published 18 January 2012 | viewed 0 times

  If you ask most investors what is the main driver for the price of gold they are likely you tell you that it's the direction…

• Fed Dismisses Economic Recovery

  Published 11 January 2012 | viewed 0 times

  The Fed is becoming more concerned about the sustainability of the U.S. recovery, just as the economy looks to be gaining momentum. The unemployment rate…

• Math Vindicates Standard and Poor's Debt Downgrade

  Published 03 January 2012 | viewed 0 times

  Standard and Poor's has been greatly vilified for their call to lower the U.S. credit rating to AA+ from AAA. The evidence, naysayers point to,…

• Maastricht Light

  Published 14 December 2011 | viewed 0 times

  The original parameters used to construct the European Monetary Union were set up by the Maastricht Treaty of 1992.  The Treaty on European Union contained…

• Draghi Borrows Paulson's Bazooka

  Published 14 November 2011 | viewed 0 times

  The latest round of optimism on display late last week from Wall Street was based upon the supposed resolution--once again--of all Europe's problems. However, the…

• The Zombie Club of Nations

  Published 01 November 2011 | viewed 0 times

  Greece has supposedly received a bailout and markets across the globe are soaring. In fact, they are rising in the same manner they did a…

• Fed's Dual Mandate Not Working

  Published 19 October 2011 | viewed 0 times

  We are all aware that the Fed has a dual mandate of stable prices and maximum employment. But what may come as a surprise to…